Coca-Cola (KO) Flat Amid Kellogg Deal Rumours

The Coca-Cola Co (NYSE: KO) shares nicked up a penny to $45.64. The company is rumoured to be in takeover talks with Kellogg Company. An offer of $98.00 per share is being mentioned for the Battle Creek, Michigan cereal maker. Share volume was 1.3 million, compared to an all-day average of 12.4 million